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: president obama's second term energy agenda taking shape despite the departure of key cabinet members. live look like more of the same? lori: about 1 million people flooding the nation's capital for the inauguration festivities we are talking to the big cheese. neil cavuto coming of next. ♪ lori: historic day on our nation's capital as president barack obama take the ceremonial of the office for a second term. let's give ready. our man in the middle of it all. neil cavuto. i'm surprised you're not at the luncheon sipping champagne. were you supposed to be seated next third? neil: i was tempted to, and i normally would have. i had to rush back here. boy, what a luncheon. the you know, that luncheon including all courses is over 3,000 calories. melissa: her organic bush. lori: neil: steamed spinach. i guess all the sauces. not a lot of bad stuff on the surface, but it is the sauces. 3,000 calories. lori: a crumb apple pie, i guess. sour cream ice cream. i don't know. neil: and on and on. yes. it gets ugly. lori: you complain about the take out. at least from where you are having to come bac
, every suburb. people who have invested so much heart and soul and time, money, energy. you know, one of the things tha energy. one of the things that made this unique is the people that had the investment in this. you understood it was not just about a candidate. it was not just about joe biden or barack obama. this was about us, who we are as a nation, what values we cherish, how hard we're willing to fight to make sure those values live not just for today but for future generations. all of you here understood and were committed to the basic notion that when we put our shoulders to the wheel of history it moves. it moves. it moves forward. that's part of what we celebrate when we come together for inauguration. yesterday americans in all 50 states took part in a national day of service. tomorrow hundreds of thousands will join us in the national mall. what the inauguration reminds us of is the role we have as fellow citizens in promoting a common good even as we carry out our individual responsibilities. the sense there's something larger than ourselves that give shape and meaning t
, sunco energy partners, norwegian cruise lines, all making their debuts this morning. stick around to see how they open for trading. the opening bell is just a few minutes away. what are you doing? nothing. are you stealing our daughter's school supplies and taking them to work? no, i was just looking for my stapler and my... this thing. i save money by using fedex ground and buy my own supplies. that's a great idea. i'm going to go... we got clients in today. [ male announcer ] save on ground shipping at fedex office. ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all on thinkorswim from td ameritrade. ♪ >>> you're watching cnbc's "squawk on the street." the opening bell set to ring in just about one minute's time. morgan stanley, again, those results, it looks like morgan's going to open at a new 52-week high, after a pretty nice run. this could help the spire financial sector in today's session. the leader
>>> then the ceo of cross techs energy, yielding over 8%. plus the ceo of first horizon on earnings. do not move, it is all coming up on "mad." time for the buck stops here. the final word. todd gordon. >> i like the australian dollar, euro/aussie is going higher. >> andy bush. >> divergence is happening in the technicals. a good time to be trading around these currencies. >> buy aussie on a pullback. >> kathy? >> dollar/yen headed for a stronger dip above 90. >> that's it for us here at "money in motion," your next chance to make a currency trade is sunday afternoon. we will see you back here next friday at 5:30 p.m. eastern time on cnbc. have a great long weekend. "mad money's" up next. >>> i'm jim cramer, and welcome to my world. you need to get in the game. going out of business and he's nuts, they're nuts! they know nothing! i always like to say there's a bull market somewhere, and i promise -- "mad money," you can't afford to miss it. hey, i'm cramer. welcome to "mad money," welcome to cramerica. other people want to make friends, i just want to try to save you some money. my
to 2.5% points. if you look at the ten year, gilds above 10%. the energy, $93. and now we'll go to the ten year note. which is now 1.82. i was mistaken. yesterday for a minute i thought we were getting close to two. but rick was talking about. i wasn't paying that much attention. >> what are you guilty about? >> yeah. it was guilts. booms also going. the dollar, $1.33 verse you the euro and 88 on the yen. finally, gold was up significantly yesterday. it's falling back a little today, down about four points. >>> now time for the global markets report. ross westgate standing by in london. mr. westgate, how are you this morning? >> hey. we're good. thanks very much. as you just saw joe point out, softer here. we have bounced off the session low a short while ago. and the german economics ministry talking about the forecasts for germany, as well. just helping us bounce off that primarily, saying, yes, we've had a weak fourth quarter. will be weak at the beginning of the year. they're expecting a much stronger rebound toward the end of 2013. so the footse 100 was down .5, currently d
juicy returns. can he continue to pump in profits? jim's exclusive with the ceo of cross tex energy just ahead all coming up on "mad money." >>> have a question? tweet cramer, #madtweets. send jim an e-mail to madmoney@cnbc.com, or give us a call at 1-800-743-cnbc. miss something? head to madmoney.cnbc.com. if you think running a restaurant is hard, try running four. fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. officeyour business needs...k... at prices that keep you...out of the red. this week get a bonus $15 itunes gift card with any qualifying $75 ink purchase. find thousands of big deals now... at officemax. sic: "make someone happy" music: "make someone happy" ♪it's so important to make someone happy.♪ ♪it's so important to make someone happy.♪ ♪make just one someone happy ♪and you will be happy too.  we asked total strangers to watch it fo
fill in at the big board. nrg energy celebrating the recent merger with gen-on energy. and part of the ireland fund. more financials, blackrock beats. >> yeah, yeah, well, look, companies are taking in a lot of assets. i think you sue the inflows, people after the uncertainty of the fiscal cliff ending, money is coming back to these funds. i think it's a decent story. i've got to tell you. the negative still among the analysts, bank of new york was downgraded today. you would upgrade bank of new york, not downgrade it. the analysts i think still have to catch up with the valuation stories. >> say her out with a downgrade of goldman sachs, so similar call there. we're watching the home builders. and we're seeing home builders , across the board trade higher. the etf that tracks home builders up by about a percent. and jim, it's interesting you hear about all these, a story yesterday that lenar is going into the rental business, just when we thought maybe rents had peaked. >> stuart miller knows more than pretty much anybody else i know other than may bob toll. more importantly i
of these groups. and i think the only thing that we have going for us at the moment is energy is of very hard not for the islamists to crack. if they destroy plants and wells and muslim countries, it puts muslims out of work. i think it is very instructive that the people that took this test plan did not kill a muslims intentionally. in fact, the let them go. lou: i can only caution this. we don't yet know. unworn. >> 600 of them that got away. lou: 600 dead, and then the numbers become in the foggy. we are still waiting to have a reliable and concrete update. you get the last word here. future prospects on the war against al qaeda? >> unfortunately al qaeda is not on the path to decline. what we saw in benghazi, number algeria, it's all indicating that they are on the path to expand. the path of expansion, not falling down. lou: thank you very much. we appreciated. thank you. up next, an oregon sheriff stands up to the assault on the second amendment. he refuses to enforce any laws against unconstitutional. he is our guest here next. a new analysis puts the number on how often the president
to get the bike company trek to drop greg lemond's brand. >> he's not someone i want to even put energy into, to be honest. he has his own problems, own issues to deal with. >> reporter: then there's the story of franky and betsey andrew. when the couple refused to keep up the mystery of lance, he turned on them. in 2008, betsey says she got this voice mail from a friend of armstrong's, which she provided to the "new york daily news." here's part of it. >> i hope somebody breaks a baseball bat over your head. but i also hope that one day you will have adversity in your life and you have some type of tragedy. it's pathetic, betsey. i thought you were a better person than that." >> lance armstrong's fiercest critics say he would do anything to protect himself. in the end, it wasn't all about the bike, like his book proclaimed. it might just be all about the glory. >> buzz bissinger is the author of "friday night lights" and a contributor for "newsweek" and the daily beast. and last august, he wrote the cover story for "newsweek" entitled, "i still believe in lance armstrong." now he says
mexico agrees to obviously obama's green energy political machine is doing more damage than good as far as helping to secure our energy independence. finally tonight, more waste, fraud, and abuse in california. according to a report by the center cisco chronicle, the university of california, a public school funded by taxpayer dollars is trying something different. they're offering online class is to knock people's socks off. this way they can attract students and tuition from around the world. university officials were so confident in the plan that is the nearly four and a half million dollars on marketing for these glasses. guess how many students signed up? one. four and half million dollars for one student. at the time the university of california was selling online class is. stanford and harvard started giving them away for free. once again, taxpayer money spent with no one doing their homework. that's my "2 cents more." they cheer for joining us and we will see right back here tomorrow. have a great evening. ♪ lou: good evening. the white house assault on the second amendment is
in the green, but telecos and energy majors dragged the market lower, ending down by a minor .1%. elsewhere, south korea's kospi finished marginally in the red. apple suppliers continued to weigh down the market over demand concerns on the iphone 5. the australian market bucked the down trend with the defense of telecos and health care stocks lending support. the sensex in action trading down by .5%. back to you. >> all right. thanks for that. we'll take a break. >>> still will to come, hong kong selling out new plans to show up housing woes. >>> okay, let's bring you up to speed with stories. hong kong's chief executive has delivered his first policy speech outlining measures to cool property prices, reduce pollution, and improve welfare. he said it's necessary to curb speculative activities in the real estate sector given the persistent housing shortage. he said more land would be allowed for development and that 67,000 private units are slated to come on to the market in the next three to four years. joining us from hong kong, andrew yun g, chairman of international consultants. what's y
weeks of the shooting the energy i needed to keep me going. you know, a lot of people talk about bonds and this hall of fame thing recently that i think was a bit of a disaster. >> i couldn't understand what the fuss was about. most of them were cheats. why would you put a cheat into the hall of fame? >> i don't know. bonds, i don't know where the proof really was, except the way he looked visually, maybe the age, too much salt. i wasn't there. that's the thing people forget to mention. they weren't there. >> your perspective on steroids on your ability to pitch. these guys aren't playing fair, right? >> no, but it's nice to see that they're looking at the other players. it may give you extra legs deep in the season, but you still have to have that god-given ability to hit the ball like you did. >> do you forgive lance armstrong? >> i would like to sit down and talk to him. make my own opinion based on an experience with him, not just based on sideline -- >> say that wasn't nice. >> that wasn't nice. >> let's take a break. when we come back, i want to talk to you about other stuff. so
will stand up and lean on. >> if i add gun control and climate change to that, and talk about energy, right there, a very big to-do list, some people say, yeah, a year, two, before it becomes very lame duckish. really? six major items? >> a lot of consensus on the country despite the divisive issues. on guns, a lot of consensus ground to do a lot of positive things to make cities and places across america safer. consensus on jobs and on foreign policy, making america stronger in trade and national security. >> the way you talk it makes it sound as if we don't have a really divided congress. talking to people on both sides pretty much every day of my work day. >> nothing worthwhile is easy and every inch of ground the president has to gain. but a lot of wind at his back right now and i won't say he will do lay-ups, but this president delivered through his first term. he has been able to do a lot in the first term. the second term will be a good one. >> do you think we'll hear in the inauguration address that talks about that? will you hear -- they told us, unity and hopeful. that's about it.
to continue the purr institute of alternative energy after highly public failures. the president showed support for voting blocked that helped gain relexes, support for immigration reform and gay rights. mention of entitlements was followed by a campaign-style dig at his former opponent, mitt romney, and conservative lawmakers. >> the commitments we make to each other through medicaid, med cash, social security, these things do not sap our initiative. they strengthen us. [applause] they do not make us a nation of takers. they free us to take the risks that make this country great. lou: president obama seemed to return to the class warfare campaign rhetoric equating freedom with financial success. diminishing the fact that folks work hard for success. >> for we remember the lessons of the past when twilight years were spent in poverty and parents of the child with a disability had nowhere to turn. we do not believe that in this country freedom is reserved for the lucky or happyiness for the few. lou: president obama a day into the four-year term. the inauguration is covered here tonight
. there are conflicting reports about casualties. b.p. along with other energy companies in the country are moving nonessential employees from algeria. once again, in the last hour the white house strongly condemning the attack on the plant and the white house spokesperson saying president obama is being briefed regularly on the situation. they would not provide any clarity about whether or not there are u.s. drones over algeria at this point. to give you the background, a group connected to al qaeda has claimed responsibility for this attack. they said it is in retaliation for fran's moving into mali. they tried to put a stop to islamic militants trying to take over that country. >> michelle, the earlier reports i saw in the associated press, news source, there were multiple fatalities, maybe as many as 35 among the whose stages. that is now an unreliable report, right? >> absolutely. at this point no one at any senior level in any senior government can confirm those numbers for us at this point or those reports. >> michelle, thank you very much. >>> onto the debt ceiling. the deadline approachin
saying its deterioration in the aluminum market in 2012 in certain regions, higher energy costs and raw material costs resulting in a negative impact on the current market values of the aluminum business. but in terms of what the chairman had to say in an announcement today that the $3 billion write-down of those coal assets in mozambique is what he calls unacceptable, tom albanese will be standing down effective immediately. he'll be replaced by the current ceo of rio tinto's iron ore operation. those are the iron ore assets in the northwest part of australia. as i mentioned, just the final straw when it comes to write-downs concerning mr. albanese. it was a $38 purchase of alcan at the top of the cycle back in 20307 that scored numerous write-downs including one last year for $8.9 billion. ross, back over to you. >> much thanks for that. >> matt, if you could, i want to get into this point about the alcan acquisition for a second. it was early this time last year that they wrote down the value of that deal from 2007 by half. where in the history of overpaying for deals -- i mean, this
started losing energy and became moody... that's when i had an honest conversation with my doctor. we discussed all the symptoms... then he gave me some blood tests. showed it was low t. that's it. it was a number -- not just me. [ male announcer ] today, men with low t have androgel 1.62% (testosterone gel). the #1 prescribed topical testosterone replacement therapy, increases testosterone when used daily. women and children should avoid contact with application sites. discontinue androgel and call your doctor if you see unexpected signs of early puberty in a child, or signs in a woman, which may include changes in body hair or a large increase in acne, possibly due to accidental exposure. men with breast cancer or who have or might have prostate cancer, and women who are or may become pregnant or are breastfeeding, should not use androgel. serious side effects include worsening of an enlarged prostate, possible increased risk of prostate cancer, lower sperm count, swelling of ankles, feet, or body, enlarged or painful breasts, problems breathing during sleep, and blood clots in the
. finally, the third of three master limited partnerships, suncoke energy, priced at $19, a little bit below, but you can see, guys, a fairly good week, fairly active week for ipos. >> thanks, bob. final stretch of the week. a pretty good week. 50 minutes before the closing bell sounds. dow jones industrial average still climbing, up 12 points on the session. >> the economy -- the stocks have been rallying as the economy improves, that's what's happening here, so the question inevitably becomes when does fed chairman bernanke finally have to be convinced that it's time to put the brakes on the economic stimulus? both sides that have issue coming up. >> a big debate on that one. then a document dump finally allowing investors an inside look at the fed's first response to the financial crisis. and put it this way. no one really comes out looking so great. we'll have the details and tell you what's in the documents. you're going to want to hear on them. >> oh, holy auto auction, batman. the original batmobile is hitting the auction block, the original adam west batmobile, and you will not belie
was just looking at the ceiling hoping my president would call. that's the kind of energy you have to put in. >> martin what about the republicans? let's talk about our party right now. you look at the numbers, not good. the president, the 52% approval rating. john boehner has an 18% approval rating. we are a party that seems to be shrinking. how do we reverse that trend? >> well you spend enough time in the desert you find water. you lose enough you begin to sort of get some sanity. i think there's been some moves over the last couple of weeks that show that we're making some progress on this last budget deal looking forward. i think there's some progress. i think republicans are starting to show movement. we're making progress on the immigration front. i think there's something to be optimistic about. >> all right. let's try and be optimistic david gregory, while also being realistic. looking ahead to the next four years which really is the next two years, if you considered midterms, where it all potentially ends and the president's ability to get something d
environment. by about a two to one margin, people view the issue of energy as an economic issue rather than an environmental issue. so it isn't a matter of arguing whether climate change, if you believe it or not, is about in this economy can he sell that. given the state of the economy, given that families are struggling with cost of living, with energy and utility costs being a key driver of that, i think that will be a tough sell for him beyond his base. >> ladies, more to come on this. thank you so much. >> thank you. >>> also making news this morning, record-breaking snow and freezing temperatures. lake-effect snow is slamming the great lakes. some in the snow belt could have up to three feet of snow by tomorrow. these pictures are from cleveland where temperatures will feel like minus 14 today. >>> an arctic blast is sweeping through the midwest and northeast. in chicago this morning, people were bundled up in ten degree temperatures. meteorologists say cities as far south as nashville might not get above freezing today. >>> the president's time in office sure can take a toll. take a
energy we're not spending enough energy on umm grags. we're not spending enough 234r7b8g on the miss energy on the miss kwal problem -- on the fiscal problem. presidents don't get to choose what they do. they deal with what is before them and what they'd like to long term. >> governor, i'm curious to get your thoughts on the package of reforms. it was interesting that the vice president was tasked with this and they put out this package and i just also wanted to say that i thought you handled the horror in newtown with tremendous grace. >> thank you. i appreciate that. and you know, when you're in connecticut, painfully aware of how traumatic that's been for every resident of connecticut, particularly the families and residents of the families of deceased and the residents of newtown. being down here for a few days it's remarkable on how it has affected everyone. and it's a different perspective. we get in the fox hole a little bit and in connecticut over this. i spent about 1:20 with the vice president on friday at his office. lequacious as he is, we both tend to go on a little bit
. >>brian: coming up, they're supposed to give you a big boost. instead energy drinks are making people sick at an alarming rate. >>> we know lance armstrong is a liar, but who is the biggest of them all. your vote at the top of the hour. >>steve: all right, alike, let's go. one. two. three. my credit card rewards are easy to remember with the bankamericard cash rewards credit card. earn 1% cash back everywhere, every time. [ both ] 2% back on groceries. [ all ] 3% on gas. no hoops to jump through. i earn more cash back on the things i buy the most. [ woman ] it's as easy as... one! -two. -[ all ] three! [ male announcer ] the bankamericard cash rewards credit card. apply online or at a bank of america near you. i have the flu... i took theraflu, but i still have this cough. [ male announcer ] truth is theraflu doesn't treat your cough. what? [ male announcer ] it doesn't have a cough suppressant. great. [ male announcer ] alka-seltzer plus severe cold and flu fights your worst flu symptoms, plus that cough with a fast acting cough suppressant. [ sighs ] thanks!... [ male announcer ] you're
sex drive... but when i started losing energy and became moody... that's when i had an honest conversation with my doctor. we discussed all the symptoms... then he gave me some blood tests. showed it was low t. that's it. it was a number -- not just me. [ male announcer ] today, men with low t have androgel 1.62% (testosterone gel). the #1 prescribed topical testosterone replacement therapy, increases testosterone when used daily. women and children should avoid contact with application sites. discontinue androgel and call your doctor if you see unexpected signs of early puberty in a child, or signs in a woman, which may include changes in body hair or a large increase in acne, possibly due to accidental exposure. men with breast cancer or who have or might have prostate cancer, and women who are or may become pregnant or are breastfeeding, should not use androgel. serious side effects include worsening of an enlarged prostate, possible increased risk of prostate cancer, lower sperm count, swelling of ankles, feet, or body, enlarged or painful breasts, problems breathing durin
decrease my sex drive... but when i started losing energy and became moody... that's when i had an honest conversation with my doctor. we discussed all the symptoms... then he gave me some blood tests. showed it was low t. that's it. it was a number -- not just me. [ male announcer ] today, men with low t have androgel 1.62% (testosterone gel). the #1 prescribed topical testosterone replacement therapy, increases testosterone when used daily. women and children should avoid contact with application sites. discontinue androgel and call your doctor if you see unexpected signs of early puberty in a child, or signs in a woman, which may include changes in body hair or a large increase in acne, possibly due to accidental exposure. men with breast cancer or who have or might have prostate cancer, and women who are or may become pregnant or are breastfeeding, should not use androgel. serious side effects include worsening of an enlarged prostate, possible increased risk of prostate cancer, lower sperm count, swelling of ankles, feet, or body, enlarged or painful breasts, problems breathing durin
. and help ensure a constant supply of clean energy. the things we build share one belief. that the world's biggest challenges deserve even bigger solutions. powerful answers. verizon. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. >> welcome back. you are looking live at some of the floating being put together for the big parade tomorrow. there are eight custom design floats. there are more than 10,000 participants in the parade tomorrow. it's a mile and-a-half long. but it is quite something to see, as you look at one of those great shots. we don't have these all the time. isn't that great? we have do this all the time. >> really putting on its best face. >> i think we should do this all the time. >> i think we should steal these for special report. >> done. >> president obama has had a distinctive relationship with
our energy future. all of these are part of the equation, and we can't just do one piece of it. >> roughly 24 hours from now we will hear the president lay out some of those plans for the course of the next four years. david playofoffe, the president completed writing his remarks. now we just wait to hear what he has to say. >> and there were other active tifs involving the vice president. he was sworn in for a second time today. tell us about that. >> that took place about 8:20 this morning. he was sworn in by his choosing by the justice sonia sotomayor. a lot of people were asking why did that happen roughly 8:00 this morning. because the justice is actually on book tour right now. she had a previous commitment in new york. she had to hustle to a train to make that commitment in new york city today. so it took place early this morning. vice president joe biden surrounded by his family over at the naval observatory, his residence, for the swearing-in. only a matter of hours ago today. he put his hands on a family 19th century bible with his family for years and that he has bee
at home and they're watching and listening, how do you explain? >> it is an awesome feeling. the energy is high. you should be here. next year, the next four years, you need to come be a part of it. >> reporter: forgive me. here's the president and the first lady and another ball. >> now please welcome cad reply award winner jennifer hudson. ♪ >> we're going life now. my favorite singer, stevie wonder. take it away. ♪ ♪ everybody sing ♪ ♪ ♪ a language we all understand ♪ we're all the same ♪ ♪ ♪ they can feel it all over ♪ they can feel it all over ♪ give me more horns ♪ they can feel it all over ♪ they can feel it all over ♪ ♪
department. she's exuding the energy, the vibrancy, and certainly the mental acuity that she has had. i am so grateful that she is not only fine, but healthy and vie brandt and strong. >> this is the first time chelsea clinton has spoken about her mother's health publicly. >>> a new autopsy report from the l.a. county coroner's office. it finds that natalie wood sustained bruising prior to her entry in the water the night she drowned back in 1981. the report does stop short of saying her drowning was not accidental. police continue to say the two actors with her on the boat are not suspects and neither have commented on this new autopsy. >>> the number of sue sides in the military surged to a record high of 349 last year. that exceeds the 295 americans who died actually fighting in afghanistan in 2012. the pentagon has not labeled the suicide rate an epidemic and made suicide prevention a high priority. >>> "new york times" has reported that walmart plans to hire every veteran that wants a job today. they're offering the jobs to vets who have left the military in the past year and received an
, he's focusing on immigration, gun safety, energy, but when he talks about fiscal stability, he's focusing more on the deficit and less on job creation, how we're going to strengthen the middle class, even though that was a pivotal issue with the campaign. we look around with students not being able to pay student loans coming out of college and able to get jobs, this is a real vulnerability. 165,000 new jobs last month is not enough to turn things around. >> here's a preview of sam's article coming out this friday. barring a collectively experience, there will be no postpartisan era during the obama administration, obviously we hoped for something better conceded david axelrod, obama's long time close advisor in an interview. and to the extent that the president can do more, he will. but this is largely a function of the decision on the republican party to try and thwart him at every turn. as a political strategy, as for the next term, i think a lot of it will end up having to do with how the republican party sees the future. survival is a strong instinct. if republicans think
you've talked with them. what is their motivation for coming out and do you think this energy will be sustained? >> oh, absolutely. this is the nice part about the first family and the vice president's family. that they put a day of service to kick off the inaugural services. they did that the last time in 2009. and then they carried the tradition through again. what it does is encourages each one of us throughout the country, not just here in washington, but to make service a part of our lives every single day. so we're supposed to go back to our own communities and put things in place. the suggestion that i made is just something simple. the american heart association recommends that you get 30 minutes of exercise a day. so instead of gossiping with your girlfriend on the phone, 30 minutes of walking around your neighborhood with your girlfriend will get you your 30 minutes of exercise. it will reduce the instances of heart disease. and that's something you can easily organize in your own community. and so there are 100 organizations who, like the american heart association,
of raging fires and crippling drought and more powerful storms. the path towards sustainable energy sources will be long and sometimes difficult. but america cannot resist this transition. we must lead it! >> all right. so, for david maraniss, for some inside the echo chamber, there might have been some concern that there wasn't enough reaching out by the president to republicans on spending, on fiscal issues. but isn't this speech, the second inaugural, more to lay down markers for even generations to come, and then we have the state of the union, where perhaps he can address some of the short, and i mean, in the grand scheme of things, the short-term issues that our country faces. >> i think that's true. and i also think that this speech was ideological, but he's a pragmatic president. and so i think that not everything that he said in the speech -- you know, he said that it's going to be imperfect. the solutions will be imperfect. he's not going to try to please every constituency. if he just took climate change, for instance, and energy, i wouldn't doubt that he'll approve the keystone
. energy is doing pretty well. we see some manufacturing, but to be honest about it, the recovery is still not as strong as it needs to be. there's still too much uncertainty, and there needs to be more clarify for the economy to take off. >> a really important point because i think businesses are, you know, shaping up and are currently in great shape in terms of cash on balance sheets. >> terrific. >> so they have the potential to put money to work, although that uncertainty factor is really keeping them from doing so. >> in fact, corporate balance sheets have never been better. liquidity, cash, we've grown 300 billion in core deposits in four years. you know, consumer balance sheets. even though the debt hasn't come down that much because interest rates are so low, the interest carries. the debt service is back to 1998 or 1990 so there's great capacity to invest, to hire, to grow, to buy things, but this uncertainty thing puts a real cloud on things otherwise people would do. they are putting them in abeyance. >> i'm going to get back to that. a real issue. want to get your take on solut
. see, i figured low testosterone would decrease my sex drive... but when i started losing energy and became moody... that's when i had an honest conversation with my doctor. we discussed all the symptoms... then he gave me some blood tests. showed it was low t. that's it. it was a number -- not just me. [ male announcer ] today, men with low t have androgel 1.62% (testosterone gel). the #1 prescribed topical testosterone replacement therapy, increases testosterone when used daily. women and children should avoid contact with application sites. discontinue androgel and call your doctor if you see unexpected signs of early puberty in a child, or signs in a woman, which may include changes in body hair or a large increase in acne, possibly due to accidental exposure. men with breast cancer or who have or might have prostate cancer, and women who are or may become pregnant or are breastfeeding, should not use androgel. serious side effects include worsening of an enlarged prostate, possible increased risk of prostate cancer, lower sperm count, swelling of ankles, feet, or body, enlar
than waste a lot of time, energy and military lives, you know, attacking countries like iraq or going into afghanistan or wherever it may be. and what he did in libya to me was a really big moment, i thought for america, where he -- america took a very much backward -- not a backward role, but a behind the frontline role, if you like. and let others be the police force. >> yeah. it was described one time by a white house official as leading from behind, which became is a somewhat controversial statement. i guess i disagree with margaret a little bit. i don't think the obama administration has been shy about using things like drones to, you know, take out american enemies and members of al qaeda. and, you know, i would disagree with you a little bit piers on the domestic front being a focus in his second term. usually the way the second terms play out is you only have about 10 to 12 months in the first year to hit the ground really fast and pass your domestic agenda. once that is up, a lot of presidents in their second term start to turn towards foreign policy. and he's got a long list
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that will include investments that are going to spur investments in clean energy jobs, things that will promote economic security for the middle class. i think that's the overarching goal. but there's a window for action on so many other items. immigration reform, i think both parties see that it's in their political self-interest to advance immigration reform. when you see that, i think the stars align for action on a big ticket item like that. >> all right. so mark, i want to talk to you about what we have been seeing when it comes to the right and the reaction to this speech. in politico when it says about the gop fighting words, very interestingly enough, newt gingrich is coming out and he said that i didn't think it was a very liberal reference to this address, i didn't think it was very liberal. there were one or two sentences obviously conservatives would object to but 95% of this speech i thought was classically american, emphasizing hard work, emphasizing self-reliance, emphasizing doing things together. i thought it was a good speech. so where did newt gingrich get the obama kool-aid
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